Automotive Navigation System Market: Improving in Technology Industry and Global Future Scope to 2023 | Top Key Vendors – Garmin, Elektrobit, Tomtom, Here, Alpine, Bosch, Denso, Harman

The report covers a forecast and an analysis of the Automotive Navigation System Market on a global and regional level. The study provides historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2023 based on revenue and volume.

Overview of the Global Automotive Navigation System Market:

The Global Automotive Navigation System Market is estimated to grow at a CAGR of over 7.7% during the forecast period of 2018-2023.

The North America automotive industry is leading in terms of production as well as sales. North America was the largest market for automotive navigation systems until 2017, followed by Asia-Pacific and Western Europe. However, the Asia region is projected to become the key market for the manufacture of navigation systems with Japan, India, and China emerging as major automotive manufacture hubs. Also, China produced ~25% of the global vehicle production, while Japan and India had ~10% and ~5% of the global vehicle production, respectively, in 2017.

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With the increasing number of sales, there is a burden on these companies to deliver these products to their customers in time. For this purpose, many e-commerce companies are forming alliances with existing logistic providers for B2C or Business to Customer delivery. The logistics companies are expanding their services by getting more vehicles into services. These vehicles, in order to reach their customer, need to have satellite navigation systems. In order to attract more number of consumers, these e-commerce companies have introduced ideas like u2018anywhere delivery, same day delivery and even same hour delivery.’ Further, these vehicles depend on the routes and data provided by the navigation system to deliver the products to their destination in time.

This comprehensive Automotive Navigation System Market research report 2019 – 2023 includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market size, industry share, growth, key segments, CAGR and key drivers.

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Major Key Players:

1 Garmin

2 Elektrobit

3 Satguide

4 Tomtom

5 Here

6 Alpine

7 Bosch

8 Denso

9 Harman and More……………….

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Market Overview and Trends

5 Market Dynamics

6 Automotive Navigation Systems Market, Segmented by End-User Type

7 Automotive Navigation Systems Market, Segmented by Vehicle Type

8 Automotive Navigation Systems Market, Segmented by Geography

9 Competitive Landscape

10 Key Vendor Analysis (Overview, Products & Services, Strategies)

11 Future Outlook of the Market

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